Definity Financial Co. (TSE:DFY) Given Consensus Rating of “Hold” by Brokerages

Definity Financial Co. (TSE:DFY) has received an average recommendation of “Hold” from the eleven research firms that are presently covering the stock, Marketbeat reports. Nine analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is C$59.27.

Several equities research analysts have issued reports on the stock. CIBC boosted their price target on shares of Definity Financial from C$59.00 to C$66.00 in a report on Tuesday, February 18th. TD Securities boosted their price target on shares of Definity Financial from C$60.00 to C$71.00 and gave the company a “hold” rating in a report on Friday, February 14th. BMO Capital Markets upped their target price on shares of Definity Financial from C$53.00 to C$57.00 in a report on Monday, November 11th. UBS Group increased their target price on shares of Definity Financial from C$58.00 to C$63.00 in a research report on Tuesday, February 18th. Finally, Scotiabank increased their target price on shares of Definity Financial from C$60.00 to C$61.00 in a research report on Tuesday, February 18th.

Definity Financial Price Performance

Shares of Definity Financial stock opened at C$62.43 on Monday. The firm has a market capitalization of C$7.20 billion, a PE ratio of 13.22, a price-to-earnings-growth ratio of 2.63 and a beta of 0.04. The company’s fifty day moving average price is C$58.72 and its two-hundred day moving average price is C$56.05. Definity Financial has a 52-week low of C$41.97 and a 52-week high of C$64.14.

About Definity Financial

Definity Financial Corp is a multi-channel, property, and casualty insurance company. It offers auto, property, liability, and pet insurance products to individual customers.